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Airtel offers Rs 179 Prepaid plan with life insurance of Rs 2 lakh

"Priced at... Rs 179, Airtel's new prepaid bundle offers unlimited calling to any network, 2 GB data, 300 SMS along with a term life cover of Rs 2 lakh from Bharti AXA Life Insurance," the company said in a statement.

Telcos' dues, penalties to weigh heavily on vendors, tower cos

Bharti Infratel, Indus Towers and American Tower Corp (ATC) are bracing for a possible hit on their tower tenancies, because of the financial strain on customers Bharti Airtel and Vodafone Idea from the thousands of crores they need to pay the government.

Franklin debt schemes mark down Voda Idea holding

Debt schemes of Franklin Templeton, which hold bonds of Vodafone Idea worth Rs 2,049 crore, have fully marked down their entire holding in the telecom company a day after the Supreme Court rejected review petitions of various telecom companies challenging its judgement in the adjusted gross revenue (AGR) case.

TRAI extends deadline for views on floor rates

The Telecom Regulatory Authority of India (Trai) has extended timeline for receiving comments over its consultation paper which seeks views on fixing a floor price for voice and data services on telecom networks. The deadline for filing comments and counter comments has been extended till February 28 and March 13, respectively.

Vodafone Idea may pay part of AGR dues to stay afloat

Besides pleas for relief at Supreme Court, telco wants to show its intent to honour payment obligations.

Telecom dues: Curative petitions rarely admitted, say analysts

The top court dismissed review petitions filed by telcos against its October 24, 2019 order that asked for inclusion of non-telecom revenues for calculating AGR. Dues, which total to Rs 1.47 lakh crore for 15 telecom companies including Airtel and Vodafone Idea Ltd (VIL), as per the October order, have to be paid by January 23.

Government relief only hope, else telecom sector headed for duopoly: Analysts

Industry experts are divided over the likely outcome of the sector heading towards a duopoly with two private telcos-Reliance Jio and Bharti Airtel plus one PSU- BSNL with a limited reach. While Vodafone Idea is reeling under the debt of Rs 53,000 crores as AGR payment, Airtel is better financially placed to pay its statutory dues of Rs 35,000.

PSUs to file review petitions over Rs 3 lakh crore telecom dues: Government

“Government companies have a different clause than telecom companies,’’ Mehta told ET, when asked if non-telco PSUs would file review petitions against the order. The October 24 ruling had expanded the scope of adjusted gross revenue (AGR) on which telecom licence holders need to pay the fee to the government.

Vodafone Idea may seek more time from Supreme Court to pay dues

The telco had filed a review petition, hoping for a reduction in penalties, which account for 75% of the dues.

Supreme Court’s review petition dismissal last straw in sectoral financial distress: COAI

“The Supreme Court’s dismissal of the review petition is the last straw in contributing to financial distress and it remains to be seen whether the industry will be able to recover from this setback,” Rajan S Mathews, Director General of the Cellular Operators of India (COAI) said.

Jio widens its subscriber base, Vodafone Idea falls further: Trai

Jio widens its subscriber base, Vodafone Idea falls further: Trai

Among the three access service providers, Reliance Jio added the highest number of 5.6 million wireless subscribers, while Bharti Airtel saw a nominal net addition of 1.6 million, according to subscriber data for November 2019 released by the Telecom Regulatory Authority of India (TRAI) on Thursday.

Disappointed with SC dismissing AGR review plea; may file curative petition: Airtel

Disappointed with SC dismissing AGR review plea; may file curative petition: Airtel

The money now required to pay punitive interest, penalty and interest on penalty which forms nearly 75 per cent of AGR dues would have better served the digital mission of the country, Airtel added.

Airtel expresses disappointment over AGR plea rejection; evaluating filing curative petition

Airtel expresses disappointment over AGR plea rejection; evaluating filing curative petition

“While respecting the Hon’ble Supreme Court’s decision, we would like to express our disappointment as we believe the long standing disputes raised regarding the AGR definition were bonafide and genuine,” Airtel said in a statement.

Setback for Vodafone Idea and Bharti Airtel as Supreme Court dismisses AGR review petitions

Setback for Vodafone Idea and Bharti Airtel as Supreme Court dismisses AGR review petitions

The Supreme Court has rejected Vodafone Idea, Bharti Airteland Tata Teleservices plea to review its October 24 verdict widening the definition of adjusted gross revenue (AGR) to leave the three telcos collectively facing over a whopping Rs 1.02 lakh-crore in additional licence fees, spectrum usage charge (SUC), penalties and interest.

Huge blow to telecom cos: SC hangs up on telcos’ AGR review petitions

Huge blow to telecom cos: SC hangs up on telcos’ AGR review petitions

Voda Idea & Airtel may file curative petitions, seek more time to pay combined Rs 89,000 cr dues

Telcos file 5G trial applications

Telcos file 5G trial applications

Both Vodafone Idea and Airtel have submitted their applications with Ericsson, Nokia, Huawei and ZTE, while Reliance Jio has submitted an application for trial with Korea’s Samsung, which is also the sole gear vendor for its pan-India 4G network. State-run telco BSNL, on the other hand, has submitted the application with ZTE only for trials.

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